The “first sale rule” is a concept in U.S. customs law that allows importers to use the lowest cost of a good to calculate duties.
Recent Posts
- Stock futures fall after S&P 500 notches new record to cap winning second quarter: Live updates
- Some banks say Trump’s ‘big, beautiful bill’ will be a boon for the U.S. economy
- Mark Zuckerberg announces creation of Meta Superintelligence Labs. Read the memo
- Stock futures tick lower after S&P 500 notches new record to cap winning second quarter: Live updates
- Musk shreds Trump’s tax bill as ‘DEBT SLAVERY,’ vows to unseat Republicans who back it